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5 mins read
PM Modi heads to Italy today for G7 Summit, first overseas visit after assuming office for third term
Rao said that PM Modi will play an important role in one of the global platforms, to engage with ot…
ANI
3 mins read
Global electricity demand is forecast to grow by around 4% in 2024
The world's demand for electricity is rising at its fastest rate in years, driven by robust economi…
ANI
2 mins read
Putin's favorite European leader is being shunned and shamed by his peers
Hungary's Prime Minister, Viktor Orbán, is being stripped off his right to host an important EU mee…
Mikhaila Friel
1 min read
Russian oil exports drop to lowest in 7 months amid OPEC cuts and sanctions
Russian oil exports are down as the country moves to comply with OPEC production cuts and sanctions…
Kelly Cloonan
2 mins read
Russia's war-driven economic growth is a mirage, and more sanctions are needed to keep pressure on, European finance ministers say
"When taking a closer look at the signals, it becomes clear that everything is not as rosy with the…
Filip De Mott
2 mins read
Russian inflation will soar even higher as sanctions spark another surge in gas prices, British intelligence says
Inflation in Russia is "highly likely" to remain above target through the rest of 2024, the UK Defe…
Jennifer Sor
2 mins read
Profits from frozen Russian assets should be used to help buy weapons for Ukraine, European Commission head says
There's "no greater use for that money than to make Ukraine and all of Europe a safer place to live…
Filip De Mott
3 mins read
Crude oil market at the crossroads — S&P Global Commodity insights unveils in-depth 2024 energy outlook
According to S&P Global, against the backdrop of a turbulent global stage, characterized by economi…
ANI
3 mins read
Ukraine aid will kill Russian momentum but won't win it the war
The aid package was approved by the US House of Representatives, having been held up for months ami…
Tom Porter
3 mins read
Russian ally ditching Putin's rival to NATO damages the image Putin wants to project of himself, experts say
Armenia's prime minister said this week that his country is leaving the CSTO after months of critic…
Sinéad Baker
2 mins read
The US is reportedly rethinking plans to ban Russian diamonds amid industry pushback
Sources told Reuters that US officials had pulled back from working on measures to certify gems are…
Jennifer Sor
3 mins read
The West can't completely isolate Russian banks because it would be disastrous beyond Russia
The West could still block the access of all Russian banks to SWIFT — but it would come with major …
Huileng Tan
2 mins read
Richer nations are unfairly eating away at the carbon budget, not leaving room for developing countries like India: study
Developed countries are projected to collectively emit approximately 3.7 gigatonnes of extra carbon…
2 mins read
Russia's biggest energy company says it'll take it at least 10 years to recover gas sales lost because of the Ukraine war
The gas giant's export volumes won't return to pre-war levels until at least 2035, a firm-commissio…
Filip De Mott
2 mins read
The EU's energy plan that cuts reliance on Russian gas will cost it an extra $200 billion by 2030 unless it shifts to cleaner sources of power, a think tank says
Cutting reliance on Russian gas will cause prices to spike and will cost the EU around $250 billion…
Hamza Fareed Malik
2 mins read
China made so many solar panels that even its own grid can't support all the energy produced
China doesn't have enough storage or transmission capacity for all the solar energy it's producing,…
Huileng Tan
1 min read
European natural gas soars over supply disruptions as Ukraine blocks key route and Russia retaliates against sanctions
Ukraine blocked a route that supplies about 8% of Russian gas to Europe and blamed interference by …
Hamza Fareed Malik
1 min read
The European Union will expand its liquefied natural gas import capacity by nearly a third as it weans off Russian energy supplies
The bloc will add eight new LNG import terminals to ease bottlenecks and further decrease dependenc…
Filip De Mott
2 mins read
Putin is likely to completely cut off Russian gas supply to Europe, French minister says
Already scrambling to find alternative energy sources, European leaders are bracing for Putin to to…
Mia Jankowicz
2 mins read
A Russian politician claims that EU nations will use third countries to continue buying Russian oil after any embargo
Vladimir Dzhabarov told state-owned news outlet that the EU would end up paying higher prices for o…